Toledo, OH Rental Market Trends
What is the average rent in Toledo?
The average rent for an apartment in Toledo is $973. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Toledo, OH
Last updated July 2025
| Average Rent | Average Apartment Size |
|---|---|
| $973 | 812 sq. ft. |
What is the average apartment size in Toledo?
The average size for a Toledo, OH apartment is 812 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Toledo, OH apartment rent ranges
Toledo, OH Occupied Housing Units
56,006 or 47% of the households in Toledo, OH are renter-occupied while 62,502 or 53% are owner-occupied.
Toledo, OH rent trends
Average Rent in Toledo, OH By Neighborhood
| City | Average Rent |
|---|---|
| Scott Park | $1,237 |
| Toledo Warehouse District | $1,175 |
| Downtown Toledo | $1,159 |
| Old Orchard | $1,088 |
| Secor Gardens | $969 |
| Hampton Park | $957 |
| Old West End Toledo | $954 |
| Reynolds Corners | $929 |
| Shoreland | $917 |
| Glendale - Heatherdowns | $890 |
| Southwyck | $887 |
| Warren Sherman | $870 |
| Franklin Park | $867 |
| North Towne Toledo | $825 |
| Whitmer - Trilby | $798 |
| South Side Toledo | $792 |
| Point Place | $750 |
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What are the most affordable neighborhoods in Toledo?
The most affordable neighborhoods in Toledo are Point Place, where the average rent goes for $750/month, South Side Toledo, where renters pay $792/mo on average, and Whitmer - Trilby, where the average rent goes for $798/mo. If you’re looking for other great deals, check out the listings from North Towne Toledo ($825), Franklin Park ($867), and Warren Sherman ($870), where the asking prices are below the average Toledo rent of $973/mo.
What are the most expensive neighborhoods in Toledo?
The most expensive neighborhoods in Toledo are Downtown Toledo ($1,159), Toledo Warehouse District ($1,175) and Scott Park ($1,237).
What are the most popular neighborhoods in Toledo?
The most popular neighborhood in Toledo is Reynolds Corners, where there are 11 listings with an average rent of $929. Next up is Downtown Toledo, where apartments go for $1,159/month, followed by Franklin Park with $867 If you’re looking to rent in Toledo’s most popular neighborhoods, make sure to also check out South Side Toledo, where renters pay $792 on average, and Southwyck, where the average monthly rent is $887.
Toledo | Rent Comparison by Neighborhood
Rent in Downtown Toledo is 34% higher than in Franklin Park
$1,159
Downtown Toledo rent is 19% higher than Toledo average
Average Rent
$1,159
$867
Franklin Park rent is 11% lower than Toledo average
Average Rent
$867
How Toledo Compares to Other Cities
| State | Average Rent |
|---|---|
| Toledo | $973 |
| Columbus | $1,355 |
| Cincinnati | $1,450 |
| Cleveland | $1,558 |
| Dayton | $1,072 |
| Warren | $914 |
| Northwest Ohio | $1,079 |
| Akron | $1,111 |
| Westerville | $1,545 |
| Delaware | $1,455 |
| Union | $1,335 |
| Perrysburg, OH | $1,422 |
| Maumee, OH | $1,132 |
| Bowling Green, OH | $1,051 |
| Temperance, MI | $1,359 |
| Oregon, OH | $968 |
| Sylvania, OH | $1,293 |
| Holland, OH | $1,323 |
| Milan, MI | $1,273 |
| Dundee, MI | $1,223 |
What is the average price for a storage unit in Toledo?
The average rent for a non-climate-controlled 10'x10' storage unit in Toledo is $95.8. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Toledo
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Commodore Perry Apartments
505 Jefferson Avenue, Toledo, OH 43604| 1 BED | $829+ |
| 2 BEDS | $964+ |
LaSalle Apartments
513 Adams Street, Toledo, OH 43604| 1 BED | $961+ |
| 2 BEDS | $1,199+ |
Orchard Lakes Apartments
2161 Orchard Lakes Place East, Toledo, OH 43615| 1 BED | $1,141+ |
| 2 BEDS | $1,356+ |